Could Vinny Magalhaes be Hanging up The Gloves?

Heading into his UFC 163 tilt with Anthony Perosh, Vinny Magalhaes contended he should receive his walking papers, if he lost to the Australian light-heavyweight. As you likely know, not only did Magalhaes lose, but the jiu-jitsu star was KO’d in just 14 seconds. The defeat was his second in a row, as Phil Davis scored a one sided unanimous decision win over Magalhaes at UFC 159 in April.

While it remains to be seen if the UFC brings Magalhaes back for another bout, the TUF vet has reportedly informed MSN Sports in Brazil, that if he is released, his fighting days are probably over. The 29 year-old was quoted saying (translation via MMA Fighting.com):

“People say that the UFC doesn’t pay much to their fighters, but if you look to the other events it’s even worse,” Magalhaes said. “So if they cut me, I don’t see why I should keep fighting in other event. I rather open my own gym than fight for little money. I stopped fighting in Jiu-Jitsu because of the financial part, so it would make no sense for me to return now. If the UFC doesn’t renew my contract, I’ll stop (fighting).”

“I have one more fight left in my contract, but we all know that it doesn’t mean much and there’s a chance that I get cut. Before this fight I said I deserved to get cut if I didn’t win. I’m waiting for UFC’s decision, anything can happen, but I really don’t care, man.”

Now it should be noted that before these recent losses, Magalhaes had gone 8-1, which included a first round, submission win over Igor Pokrajac at UFC 152 last September. Whether that’s enough for the UFC to book “Pezao” again, however, we’ll likely find out soon.

Stay tuned to Caged Insider.com for more on this story and all your UFC news.